Life Insurance is an annual contract that provides compensation to the deceased’s beneficiaries in the unfortunate event that the assured dies while in the employer's service.
This is a benefit given by the employer to his employees, and it is the employer who pays for the premiums. The rule of thumb is that the benefits are calculated based on the member’s annual salary, age, and gender, and the sum assured is paid to the dependents.
Understanding what suites you as a person, company or family on life matters is what we've developed our career in. We stand in a position to engage you by educating you first, then offering necessary tools for your growth and protection. To climb the ladder, give us a try on this matter.
Death while in service is the main benefit covered under this policy.
Upon first-time diagnosis of certain conditions, a lump sum will be paid to the life assured/staff member.
This is a condition in which an individual is no longer able to work due to injuries.
This caters to the funeral expenses of a member in the event of their demise. Payable within 48 hours after notification and complete documentation.